New CEO for Samsung

Samsung Electronics says its CEO, Yun Jong Yong, has decided to retire. His departure comes less than a month after Group Chairman Lee Kun Hee resigned following his indictment on tax evasion charges. The new CEO is Lee Yoon Woo, who's being promoted from his role as Vice-Chairman. The new Mr Lee - no relation to the former chairman - has been at Samsung for 31 years. [Source: BusinessWeek.com]